The portfolio of “Kamurj” UCO during in the first quarter of 2015  has increased for about 5%, almost 1  billion AMD reaching about 15 billion AMD,  and the assets of the organization have increased for about 3% reaching about 16 billion. The organization has registered significant increase in the number of customers, it as well increased for about 5% reaching about  20 thousand .

“We appreciate the above mentioned indicators increase, especially taking into account the current situation in financial sector. The mentioned increase  demonstrates  the growth of confidence of customers towards Kamurj credit organization and is connected with the simple and available  loan products  provided by us, the conditions of which are maximally fitted to the need of our customers, to the seasonality of business and agriculture.

During the first quarter of 2015 the organization managed to maintain one of the most important financial  indicator, it is the net income, which amounted to more than 0.2 billion AMD, in spite of the fact, that in the  financial system of Republic of Armenia there are obvious signs of risk portfolio increase. This is as well  the result of the fact, that even in November-December months of 2014, during foreign currency exchange rate fluctuation  period, when in the  financial sector there were lending cease signs, along with the tightening of loan policy of the organization the lending procedure  wasn’t interrupted even for 1 day (including AMD), which was very important  for our customers.

During 2015 we shall continue to provide stable growth of the loan portfolio and number of customers maintaining and improving  the qualitative indicators of the portfolio”-noted the Chairman of the Board of “Kamurj” UCO CJSC Ara Aghayan.